No permanent Ginnie president for almost four years? Is that a problem?

Year-to-date issuance climbed to $2.468 trillion at the end of October and should top $3 trillion based on the current pace. As of this writing, there appears to be plenty of gas still left in the tank.

Non-QM MBS issuance is helping MFA get out of a hole after market volatility in the spring forced the REIT to take on a loan with costly terms.

The limits would be higher for mortgages backed by 2-4 unit properties, as well as loans in designated high-cost markets.

Agency MBS accounted for 25% of Chimera's portfolio at the end of 2019 and only 1% as of the end of September.

Fannie’s whole-loan portfolio increased 2.8% during the quarter, while Freddie’s grew 3.8%...

Quicken Loans and loanDepot were the other nonbanks among the top five sources of collateral for these deals...

Velocity resumed origination activity in September, funding $63 million of investment-property loans in October.

Ginnie buyouts of delinquent mortgages are a common practice – but it takes readily available cash, or a line  of credit...

This summer, non-cash-flowing loans as a share of aggregate current balance of non-agency MBS ranged from around 5% of post-2010 prime non-agency MBS to as high as 26% for legacy deals...